John Ternus, newly appointed Apple CEO, announced a major product launch scheduled for September 9, likely featuring Apple's first foldable iPhone and an upgraded Siri AI. This event marks a critical moment as Ternus takes over from Tim Cook, who led Apple for 15 years. Apple is also reportedly developing new tech like camera-equipped AirPods, smart glasses, and a touchscreen laptop, signaling continued innovation under Ternus's leadership. The launch and upcoming products could reshape Apple's market position and tech offerings.
John Ternus officially became Apple's CEO, succeeding Tim Cook, causing shares to rise 2.7%. Ternus, previously senior VP of hardware engineering, praised Cook's leadership and expressed excitement about upcoming product launches and innovations. Ana...
Apple's stock rose 3% on John Ternus's first day as CEO, outperforming the tech sector which faced pressure from rising Treasury yields. The surge highlights Apple's strong balance sheet and free cash flow, contrasting with debt-heavy peers like Orac...
OpenAI has strongly denied Apple's lawsuit accusing it of stealing trade secrets by hiring former Apple employees, calling the case "a mess of Apple’s own making." Apple alleges that OpenAI coordinated theft of product designs and processes through e...
In August, Apple and Meta both faced challenges but their earnings reveal contrasting positions. Apple reported strong iPhone 17 sales driving $109.4 billion revenue and beat EPS expectations, supported by growing services and subscriptions. Meta saw...
Wes Moss advises investors with large holdings in Apple, Alphabet (Google), and Shopify to reconsider their portfolio concentration. He stresses that emotional attachment to big winners can increase risk, especially near retirement, and suggests trea...
